The registration info is encoded using parameters of your OS, if you re-install your OS more than likely you'll need to re-enter your key. The registration info is not stored in your registry, it's stored in a file in your FlashFXP folder named "flashfxp.key"
If you create a streamlined copy of the OS that includes FlashFXP once the OS is installed you'll still need to re-enter your registration key.
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